Native name Райффайзенбанк Industry Financial services CEO Sergey Monin (Oct 2011–) Headquarters Moscow | Type Joint-stock company Website www.raiffeisen.ru Net income 150.5 million USD (2013) Founded 1996, Russia | |
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Parent organization Raiffeisen Bank International | ||
ZAO Raiffeisenbank (Russian: ЗАО «Райффайзенбанк») is a bank in Russia. It is a subsidiary of Raiffeisen Bank International, which in turn is a fully controlled subsidiary of Raiffeisen Zentralbank. It was founded in 1996 as Raiffeisenbank Austria and has expanded considerably following the 2006 takeover of Russia's Impexbank.
Raiffeisenbank is one of Russia's major banks, based on H1 2011 results, it ranks 9th in Russia in assets, 5th in private deposits, and 7th in consumer lending. As of 2014, Raiffeisen Bank International had exposure of $26.6 billion in Russia. In 2013, the company's Russian business accounted for 74 percent of its pretax profit.
The bank's subsidiaries in Russia are Raiffeisen-Leasing, Raiffeisen Pension Fund, and Raiffeisen Capital.